Gladstone Land Corporation Announces Fourth Quarter and Year End Earnings Release and Conference Call Dates
January 30 2018 - 8:30AM
Gladstone Land Corporation (NASDAQ:LAND) (the “Company”) announced
today that it plans to report earnings for the fourth quarter and
year ended December 31, 2017, after the stock market closes on
Tuesday, February 20, 2018. The Company will hold a
conference call Wednesday, February 21, 2018, at 8:30 a.m. EST to
discuss its earnings results. Please call (855) 363-1762 to
join the conference call. An operator will monitor the call
and set a queue for questions.
A conference call replay will be available after the call and
will be accessible through February 28, 2018. To hear the
replay, please dial (855) 859-2056, and use playback conference
number 54452575.
The live audio broadcast of the Company’s conference call will
be available online at www.GladstoneLand.com. The event will
be archived and available for replay on the Company’s website
through April 21, 2018.
About Gladstone Land:
Gladstone Land is a publicly-traded real estate investment trust
that invests in farmland located in major agricultural markets in
the U.S., which it leases to farmers, and pays monthly
distributions to its stockholders. The Company reports the
current fair value of its farmland on a quarterly basis; as of
September 30, 2017, its estimated net asset value was $14.15 per
share. Gladstone Land currently owns 73 farms, comprised of
63,014 acres in 9 different states across the U.S., valued at
approximately $534 million. Its acreage is predominantly
concentrated in locations where its tenants are able to grow fresh
produce annual row crops, such as berries and vegetables, which are
generally planted and harvested annually; as well as permanent
crops, such as almonds, blueberries, and pistachios, which are
planted every 10 to 20-plus years. The Company also may
acquire property related to farming, such as cooling facilities,
processing buildings, packaging facilities, and distribution
centers. Gladstone Land has paid 59 consecutive monthly cash
distributions on its common stock since its initial public offering
in January 2013, and the current per-share distribution on its
common stock is $0.04425 per month, or $0.531 per year.
Additional information can be found at
www.GladstoneLand.com and www.GladstoneFarms.com.
Information on the business activities of all of the Gladstone
funds can be found at www.GladstoneCompanies.com. For
Investor Relations inquiries related to any of the monthly dividend
paying Gladstone funds, please visit www.Gladstone.com.
Source: Gladstone Land Corporation
For further information: Gladstone Land Corporation,
+1-703-287-5893
Gladstone Land (NASDAQ:LAND)
Historical Stock Chart
From Mar 2024 to Apr 2024
Gladstone Land (NASDAQ:LAND)
Historical Stock Chart
From Apr 2023 to Apr 2024